Posted 3/1/2024, 6:58:32 PM
Google Shuts Down 10 Indian Apps Over Fee Disputes, Alphabet Faces AI Competition
- Google shut down 10 Indian apps, including popular ones like Naukri and Bharat Matrimony, due to disputes over Google's app fees
- Google's fee structure was upheld by India's Supreme Court in two separate decisions
- Alphabet may be losing ground to competitors in artificial intelligence development after issues with its AI image generator
- Analysts have a Strong Buy consensus on Alphabet stock with an average price target implying 18.96% upside
- The text discusses issues Alphabet faces in both the Indian app market and broader AI development race